Dave Ferro
Posts from July 29th, 2021
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"Why do we need those documents? It already closed!"
This blog post is for any Realtor® who has asked:
"Why do we need those documents? It already closed!"
I get that it isn't fun to track down documents once you've been paid on a deal, but many times legal issues or customer service issues pop up after the buyer has moved in. No one likes paperwork. But it is necessary. There are legal reasons for us to keep HOA disclosures, seller's disclosures where possible, wire fraud disclosures, Watson Disclosures to Buyer and Misc disclosure etc. Subpoenas pop up occasionally for paperwork. Imagine me asking the attorneys "What difference does it make? It already closed!" Back in the day if I turned in an incomplete file my broker would drop it on my desk and tell me to try again. If I wanted to get paid I had to make sure everything mandatory was provided by closing. No paperwork no money. That's not the policy here because we want you to get paid but I long for the days when it was. I...
